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Business & Finance

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Scotland’s Wave and Tidal Sector Face Grid Connection Charges of GBP 56m
Business & Finance

Scotland’s Wave and Tidal Sector Face Grid Connection Charges of GBP 56m

Scotland’s wave and tidal sector face charges of £56 million every year to connect their projects to the grid while developers south of the border would receive millions in subsidy, new figures from Scottish Renewables has revealed. The current transmission charging regime issued by Ofgem is calcula

about 15 years ago
Russia: Putin Becomes Guardian of Seismic Vessel Vyacheslav Tikhonov
Business & Finance

Russia: Putin Becomes Guardian of Seismic Vessel Vyacheslav Tikhonov

Polarcus Limited announced that the Prime Minister of the Russian Federation, Vladimir Putin, has assumed the role of Guardian to the seismic vessel Vyacheslav Tikhonov, formerly POLARCUS SELMA, during a naming ceremony held last week in the Russian Black Sea city of Sochi. The ultra-modern seismic

about 15 years ago
US Seismic Systems Presents New Fiber Optic Ocean Bottom Cable Solution for 4D Marine Seismic
Business & Finance

US Seismic Systems Presents New Fiber Optic Ocean Bottom Cable Solution for 4D Marine Seismic

US Seismic Systems Inc. (USSI) , a subsidiary company of Acorn Energy, Inc. is expanding its offering of Ultra High Sensitivity (UHS) fiber optic sensors to include Ocean Bottom Cables (OBC) which are a critical component for the rapidly emerging market for Permanent Reservoir Monitoring (PRM). USSI

about 15 years ago
Russia: Eni Announces Agreement for Entry of Wintershall and EDF in South Stream Project
Business & Finance

Russia: Eni Announces Agreement for Entry of Wintershall and EDF in South Stream Project

Alexey Miller, Gazprom Chairman, Harald Schwage, Member of the Board of Executive Directors of BASF SE, Henri Proglio, Chairman and CEO of EDF, and Eni CEO, Paolo Scaroni, signed an agreement in Sochi, in the presence of Russian Prime Minister Vladimir Putin, establishing the entry of Wintershall an

about 15 years ago
Ulstein Design & Solutions Appoints Sigurd Viseth as Managing Director (Norway)
Business & Finance

Ulstein Design & Solutions Appoints Sigurd Viseth as Managing Director (Norway)

Sigurd Viseth has been appointed managing director of Ulstein Design & Solutions. He will take up the position on 10 October. He will also be COO (area manager) for the Design & Solutions business area in ULSTEIN. Sigurd Viseth, who comes from the position as deputy managing director in Ulstein Verf

about 15 years ago
Spain: Subsea Connector Specialist SECC Delivers ‘Weak Link’ Pipeline Disconnect System to Repsol
Business & Finance

Spain: Subsea Connector Specialist SECC Delivers ‘Weak Link’ Pipeline Disconnect System to Repsol

Subsea connector specialist SECC Oil & Gas has delivered a “weak link” pipeline disconnect system to Repsol designed to protect subsea … SubseaUK [mappress] Source: SubseaUK, September 16, 2011;

about 15 years ago
Norway: GDF Suez Spuds Heilo Well with Aker Barents Rig
Business & Finance

Norway: GDF Suez Spuds Heilo Well with Aker Barents Rig

The Heilo exploration well, 7124/4 – 1S & A in production license 530, spudded today around noon. Operator GDF SUEZ E&P Norge AS has commissioned the semi submersible drilling rig Aker Barents for the operation. Aker Barents reached its destination in the Barents Sea, 53 kilometers north-east of Ham

about 15 years ago
UK-based Petrofac Invests in Human Resources Development
Business & Finance

UK-based Petrofac Invests in Human Resources Development

Petrofac Training Services, a member of the Petrofac group, and Southern Alberta Institute of Technology (SAIT) Polytechnic announced today they have entered into a strategic collaboration agreement to explore new opportunities to collaborate and share information and expertise in technical training

about 15 years ago
Norway: Aker BioMarine’s Offer to Purchase Krill Trawl Vessel Rejected
Business & Finance

Norway: Aker BioMarine’s Offer to Purchase Krill Trawl Vessel Rejected

The bond holders of Krillsea Group AS has today rejected the offer from Aker BioMarine to acquire the krill trawl vessel Thorshøvdi as further described in a stock release issued September 9 2011. Aker BioMarine acknowledges the bond holders’ decision and the company has now withdrawn the offer to p

about 15 years ago
EMGS Secures Contract to Acquire 3D EM Data Offshore Ghana
Business & Finance

EMGS Secures Contract to Acquire 3D EM Data Offshore Ghana

EMGS announces the award of a contract by a new customer partnership to acquire and process 3D electromagnetic (EM) data offshore Ghana. The contract value is about USD 5.5 million, and data acquisition will be performed by the 3D EM vessel BOA Galatea starting in early October. Chief Executive Offi

about 15 years ago
Norway: Sigurd Viseth Takes Managing Director Seat at Ulstein Design & Solutions
Business & Finance

Norway: Sigurd Viseth Takes Managing Director Seat at Ulstein Design & Solutions

Sigurd Viseth has been appointed managing director of Ulstein Design & Solutions. He will take up the position on 10 October. He will also be COO (area manager) for the Design & Solutions business area in ULSTEIN. Sigurd Viseth, who comes from the position as deputy managing director in Ulstein Verf

about 15 years ago
USA: Blake, Anadarko Enter Contract to Mobilize Blake Rig 1007 on Marco Polo TLP
Business & Finance

USA: Blake, Anadarko Enter Contract to Mobilize Blake Rig 1007 on Marco Polo TLP

Blake International and Anadarko Petroleum Corporation have entered into a contract to mobilize the Blake Rig 1007 onto the Marco Polo TLP at Green Canyon 608. The contract is for 2 wells with a 1 well option. The Blake Rig 1007 is currently undergoing modifications at the Blake International facili

about 15 years ago
Norway: Statoil Gets Approval for its Fast-Track Projects
Business & Finance

Norway: Statoil Gets Approval for its Fast-Track Projects

Approval of plans for development and operation (PDO) of the Stjerne and Vigdis North-East fields means that all four of Statoil’s first fast-track projects have secured the go-ahead. The Ministry of Petroleum and Energy has given the nod for the two fields today, 16 September, after approving Hyme

about 15 years ago
Ex Shell Netherlands Chairman Joins Caithness Board
Business & Finance

Ex Shell Netherlands Chairman Joins Caithness Board

Caithness Petroleum Limited (“Caithness” or the “Company”), the privately owned British independent petroleum exploration and production company, announced today the appointment of Peter de Wit, who recently retired as Chairman of Shell Netherlands, as a nonexecutive director of the Company, with ef

about 15 years ago
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